Real Estate

La Plata County August Real Estate Numbers
Sep07

La Plata County August Real Estate Numbers

  This week we have the August La Plata County residential real estate transaction numbers. With 131 total sales, it was higher than last month, and just short of the total from August of 2017. Year to date, we are at 779 total sales. Last year at this time there were 794 total sales. So, this has been a solid year, although slightly behind last year’s numbers year to date. The median sales price is $380,000. This is higher than any...

Read More
Mold and Homes
Sep07

Mold and Homes

Mold is one of those household problems people fear. Of course, it’s undesirable, but it can be manageable. First, it’s important to understand where mold grows and its origin. It can be both indoors and outdoors, and can attach itself to various items such as clothing or shoes and be carried indoors. Once inside, it grows in moist places. It can grow around leaks, or in wallpaper, drywall, fabric, or even ceiling tiles. If you do...

Read More
Durango’s Real Estate “Shoulder Season”
Aug24

Durango’s Real Estate “Shoulder Season”

It’s the time of year Durango starts to slow down for fall. If you spend any time in town, you’ll notice some differences in the last couple weeks: there are fewer cars, colors start to change, school is back in session, and some of our tourists head back home to their own routines. So what does this mean for La Plata County real estate? Typically, this time of year (mid to late August) is a “shoulder season” for real estate activity....

Read More
Residential Real Estate Numbers for July
Aug10

Residential Real Estate Numbers for July

This week we have the La Plata County residential real estate numbers for the month of July. We are just over half-way through the year, and in the middle our busiest time of year in terms of real estate activity. With 121 total sales in July, this is the highest number of sales per month we’ve seen this year. It is also higher than last July of 2017, and we are pleased to see such strong results, especially after the 416 Fire earlier...

Read More
Advantages of a Pre-Listing Home Inspection
Aug03

Advantages of a Pre-Listing Home Inspection

This is the time of the year we typically see strong activity in the La Plata County real estate market. If your home has been on the market for a handful of months, you may be considering ways to enhance the appeal of the home. If you haven’t done a pre-listing inspection, now may be the right time. Essentially, this is a sales tool for the seller. In the typical real estate transaction, a home inspection is standard procedure, but...

Read More
Multiple Offer Situations
Jul31

Multiple Offer Situations

Multiple Offers can be a blessing or a curse. Blessing oftentimes for sellers because they have more options and control and likely higher value for their property than negotiating an individual offer. It typically is not a positive event for buyers, as it forces them to negotiate against other offers. It is important for both buyers and sellers to be knowledgeable and utilize the experience of the Durango Team to help you achieve the...

Read More
Real Estate in the News
Jul26

Real Estate in the News

As real estate professionals, we like to keep a pulse on national news. Sometimes the real estate news differs in the local market; other times we see similar trends. Here are a few recent headlines we found interesting and applicable: Mortgage Rates Dip: This is a big topic. For several weeks this year, we were noting the steady increase in mortgage rates. At the end of last week, they dropped again, making it the fourth drop in the...

Read More
La Plata County Colorado Aassociation of Realors Numbers for June
Jul26

La Plata County Colorado Aassociation of Realors Numbers for June

This week, we have the latest real estate numbers for La Plata County for the month of June. The attached charts show a detailed breakdown of several market segments in La Plata County, showing La Plata County as a whole, Durango In-Town, Durango Rural, Bayfield In-Town, Bayfield Rural, Ignacio In-Town, Ignacio Rural, and Durango Mountain Area. These charts indicate the statistics and key metrics for single family homes and...

Read More
La Plata County Residential Real Estate June Transactions
Jul26

La Plata County Residential Real Estate June Transactions

This week, we have our June month-end numbers for La Plata County residential real estate. With 111 total sales, this number is lower than last June at this time. In fact, it is a lower total of sales than the last three years. While we don’t know exact reasons for number variances, it’s possible the 416 Fire slightly impacted June’s sales numbers this year. This could have occurred if any homes fell out of contract or houses that...

Read More
Common Contingencies and the Date Calendar
May31

Common Contingencies and the Date Calendar

The Durango Team has been working on a series of blogs that detail the home-buying/selling process. They recently looked at the negotiation of an offer. This week they took a look at a couple common contingencies once a property is under contract, and the importance of the date calendar. In general, the most common issues or cause for termination of a contract are inspections and loan objection deadline. Inspections (Section 10): In...

Read More
La Plata County Real Estate Numbers for the Month of April
May15

La Plata County Real Estate Numbers for the Month of April

This week we have the La Plata County Residential Sales numbers for the month of April. Officially, we are one-third of the way through the year. With 86 total sales for the month of April, total sales are slightly lower than April of 2017, but still a strong number compared to the last several years. Year to date, there have been 295 total sales. Last year at this time, we had 302 total sales. Overall, we are noting similar numbers...

Read More
Fees To Be Aware Of When Buying A Home
Apr06

Fees To Be Aware Of When Buying A Home

The thought of owning a home can make you so excited to the extent of you making the wrong decisions. While it is everybody’s dream to own a home someday, the majority of people do not know what it takes to buy a home. Usually, a large number of new homebuyers only look at the listed price and the interest rate that their loan providers will charge them. In spite of all these being important, there are other fees that home buyers tend...

Read More
Southwest Colorado Real Estate Forecast 2018–offered by The Wells Group
Mar14

Southwest Colorado Real Estate Forecast 2018–offered by The Wells Group

  Get the inside scoop on the Real Estate market trends here in SW Colorado with the 2018 Real Estate Forecast featuring Wells Group brokers John Wells, Jim Wotkyns and real estate appraiser & statistician,  Bob Allen. Through an in-depth yet easily understood presentation, this team of dedicated specialists will lead you through the data and real estate trends observable in Southwestern Colorado for years prior, and also lend...

Read More
So You Want to List Your House? Part Three: An Offer is Received
Feb09

So You Want to List Your House? Part Three: An Offer is Received

If you’re considering listing your home, we’ve been writing a series on steps that occur for the home listing: initial steps prior to listing and what happens once a home is on the market. This week we’ll cover the next phase: once a property receives an offer. Below is a general overview of our process; of course, the steps may vary based on each individual situation. Post courtesy of The Durango Team.  Read more or search Durango...

Read More
NEW in 2018 – Loan Limits to be Increased
Dec19

NEW in 2018 – Loan Limits to be Increased

FHA & Conforming Loan Limits to INCREASE in 2018!   FHA increasing to $391,000 Conforming increasing to $453,100 (above this limit is a JUMBO Loan) NOTE:  Conforming vs. Conventional Mortgage terminology – Conventional mortgages are all loans that are not made or guaranteed by the U.S. government. Whereas, Conforming mortgages are those eligible for purchase by Fannie Mae (Federal National Mortgage Association) and Freddie Mac...

Read More
Why Listing A Home in Winter is a Good Idea
Nov09

Why Listing A Home in Winter is a Good Idea

Are you considering listing your home? A common assumption for home sellers is that the spring selling season is the best time of the year to put a home on the market. While there is a significant amount of new listing activity during the spring and summer months, that doesn’t mean listing a home in winter is a bad time. Here are a few reasons: Lower Inventory During Winter. Typically, there is less inventory on the market during the...

Read More
Winter Home Preparation Projects
Nov09

Winter Home Preparation Projects

With cold temperatures on the horizon, it’s time to consider preparing your house for winter. While there are several areas to consider before winter is here, we want to remind you of a couple of the small details that can make a drastic difference. Preparation on the front end can save substantial time and money. Take Hoses Off Faucets: We remind our clients of this every year, but the importance cannot be overstated. When hoses are...

Read More

July La Plata County Colorado Association of Realtors Numbers

This week, we have the latest real estate numbers for La Plata County for the month of July. The attached charts show a detailed breakdown of several market segments in La Plata County, showing La Plata County as a whole, Durango In-Town, Durango Rural, Bayfield In-Town, Bayfield Rural, Ignacio In-Town, Ignacio Rural, and Durango Mountain Area. These charts indicate the statistics and key metrics for single family homes and...

Read More
La Plata County April Reports
May20

La Plata County April Reports

This week, we have the latest real estate numbers for La Plata County for the month of April. The attached charts show a detailed breakdown of several market segments in La Plata County, showing La Plata County as a whole, Durango In-Town, Durango Rural, Bayfield In-Town, Bayfield Rural, Ignacio In-Town, Ignacio Rural, and Durango Mountain Area. These charts indicate the statistics and key metrics for single family homes and...

Read More
The Wells Group 2017 Real Estate Forecast– Highlights
Mar27

The Wells Group 2017 Real Estate Forecast– Highlights

2017 ANNUAL WELLS GROUP REAL ESTATE FORECAST HIGHLIGHTS This past Wednesday night, the Wells Group hosted the 17th Annual Real Estate Forecast. This is a fantastic opportunity to take stock of the real estate market, and evaluate trends. We consider last year’s predictions and how the year actualized, and we look ahead to the next year with predictions on the real estate market. In case you missed the event, here are a few highlights,...

Read More
Social Media Auto Publish Powered By : XYZScripts.com